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Best Credit Card Offers for EMV Technology With No Foreign Transaction Fees

Credit Card Basics, Credit Cards
Traveling Abroad: Should You Get an EMV Credit Card?
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  • Bank of America® Travel Rewards credit card

As a result, offers described on this page may be out of date. See our best credit cards page for updated offers.

This Page Is Out of Date

In the time since this page was created, EMV technology has become standard across all major credit card issuers, so this page is now out of date. For up-to-date info, see our roundup of the best credit cards with no foreign transaction fee, all of which have EMV chips.

Some things just go together — peanut butter and jelly, Abbott and Costello, and EMV technology and no foreign transaction fees. We’ve found four great credit card offers for you that combine the security of EMV technology with the lack of overseas fees so that the added security doesn’t cost you when you spend abroad.

Chase Sapphire Preferred® Card: Best for travel hackers

The Chase Sapphire Preferred® Card is a great travel card option. Besides having no foreign transaction fees, the card also gives you additional rewards for travel spending and redemption. It offers 2 points on every dollar spent on dining and travel, and 1 point on everything else. The card has a killer signup bonus: Earn 80,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $1,000 toward travel when you redeem through Chase Ultimate Rewards®.

Points are best redeemed for travel, either through Chase Ultimate Rewards at a rate of 1.25 cents per point, or transferred to a travel partner’s program at a rate of 1.25 to 5 cents per point.

The Chase Sapphire Preferred® Card has an annual fee of $95.

Bank of America® Travel Rewards credit card: Best for Bank of America® banking customers

The Bank of America® Travel Rewards credit card is a great option for Bank of America® customers. It offers rewards of 1.5 points on every dollar spent and a signup bonus: 25,000 online bonus points after you make at least $1,000 in purchases in the first 90 days of account opening - that can be a $250 statement credit toward travel purchases. You book travel however you normally would and redeem points for a statement credit.

But the rewards don’t stop there for Bank of America® banking customers. If you have high average balances, you’ll enjoy even higher customer bonuses of 25%, 50% or 75% through the Preferred Rewards program.

The Bank of America® Travel Rewards credit card doesn’t have foreign transaction fees and it comes chip-enabled. It has an annual fee of $0 and an introductory APR of 0% on Purchases for 12 billing cycles, and then the ongoing APR of 16.49% - 24.49% Variable APR.

» MORE: NerdWallet’s Best ‘EMV With Signature’ Credit Cards

How to use your EMV credit card

If you’re worried that using a chip card will be too difficult, don’t be. The process is different, but not complicated. Here’s what you’ll do: Put your card into the terminal chip-first, leave it in while following the terminal’s prompts and remove it when the receipt begins to print. Easy peasy!